The International Monetary Fund (IMF) was not consulted on the government’s recent move to announce a fuel subsidy, the lender’s key official in Islamabad has said, adding that it was seeking “greater details” on the scheme, Bloomberg reported.

The statement from Esther Perez Ruiz, the IMF’s resident representative for Pakistan, came two days after the government unveiled a Rs50 subsidy on each litre of petrol for low-income people.

Full story: https://www.dawn.com/news/1743517/fuel-subsidy-plan-not-cleared-with-imf

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